Liberland – Bitcoin is the official currency

Liberland is the latest European country. A member of the “Party of Free Citizens” has approximately seven square kilometers of land located directly on the Danube River between Serbia and Croatia, proclaimed on 13 April to his own state and appointed himself as president. The new president Vit Jedlicka says that neither Serbia nor Croatia are interested in territorial disputes. He also had informed the neighboring countries and the UN about the founding of Liberland and hopes for an early diplomatic recognition.

Also Bitcoin will be a part of the new state . Bitcoin is to become the official currency of Liberland . It would not be the first time that a digital currency is officially introduced as the currency . In Loneston ( Australia ) Bitcoin has been chosen as a preferred currency. ThecityLonestonwanted tocreatethelargest Bitcoineconomywithitsapproximately74,000inhabitantsandserveas a pilot project for thedigitalcurrencies.

WhetherthenewGovernmentcanprevail,remainscertainlyto be seen.ButevenifLiberlandshouldnotmakeit, this“project”willcertainlyhelp,thatalargepart of theworld‘s population will hear and understand the idea behind BitcoinandtheBlockchainabitfurther.